Question: 1 . ( 3 4 marks ) A company makes two types of tractors. After deducting all direct costs, each Model 1 tractor gives a

1.(34 marks) A company makes two types of tractors. After deducting all direct costs, each
Model 1 tractor gives a profit of $3400, while each Model 2 tractor gives a profit of $1200. Every
tractor goes through three assembly-lines. Every Model 1 tractor takes 100 minutes in Assembly-line
1,180 minutes in Assembly-line 2, and 50 minutes in Assembly-line 3. Every Model 2 tractor takes
80 minutes in Assembly-line 1,90 minutes in Assembly-line 2, and 150 minutes in Assembly-line
3. During the next planning period, Assembly-lines 1,2, and 3 will be open 1600,2160, and 2000
hours respectively. There is a contractual obligation to produce at least 250 Model 1 tractors during
the planning period. They want the production of Model 1 tractors to be no more than 80% of the
total production.
(a)(10 marks) Formulate a linear optimization model for this situation.
2

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!